AVR 0.00% $18.31 anteris technologies ltd

Ann: Appendix 3B, page-13

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    Well perhaps they are not looking at it from the right perspective then, the option price is only a function of current low share price. And the 10 years to vest is great, because anyone that takes 10 years to vest their options will have remained employed by the company for that period. That’s actually a positive I would think. And I would also think the amount of options one gets at a low price is significantly less then what they would get at a higher price. Put yourself in an employees shoes who signed on a year or two ago with incentive options priced at 30cents or whatever, they’d be wondering why they didn’t take the job with our competition quite possibly. So the low option price will actually have the effect of true incentive as we would all like to think the share price will go up in multiples from this level over the next 3 years if just a couple of things go our way, which is the earliest any of those options will vest, so the incentive will be for the employee to perform to ensure they remain employed to gain access to those options.
    Last edited by sholtz: 19/07/19
 
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